The CAD IT Shareholders' meeting confirms the appointment of the co‐opted directors and re-determines the board of directors remuneration

In order to replace the resigning directors, the ordinary Shareholders’ Meeting confirmed the appointment of the two new directors, co-opted by Board of Directors on 6th August 2020, and deliberated the re-determination of the Board of Directors members remuneration.

The ordinary Shareholders’ Meeting of CAD IT S.p.A. (www.caditgroup.com), leader in the Italian financial software market, met today on first call and confirmed the appointment of the directors Barnaba Ravanne and Carlo Costa (previously co-opted by the Board of Directors on 6th August 2020 pursuant to Article 2386 of the Italian Civil Code), in order to replace the resigning directors Simone Sorato and Fabio Momola.

The Directors Barnaba Ravanne and Carlo Costa will be in charge until the expiry date of the entire Board of Directors, i.e. until the date of the Shareholders’ Meeting called to approve the financial statements for the financial year ending on 31st December 2021.

The curriculum vitae of the appointed directors are available at the registered office and in the Investor Relations section on the Company’s website www.caditgroup.com.

The Shareholders’ Meeting has then re-determined the Board of Directors remuneration.

As a result of the above, the Board of Directors of CAD IT S.p.A. is currently now composed as follows:

• Renato Dalla Riva (chairman)
• Paolo Dal Cortivo (managing director)
• Corrado Sciolla (director)
• Giulia Dal Cortivo (director)
• Barnaba Ravanne (director)
• Carlo Costa (director)
• Maria Giovanna Calloni (independent director).